I think only the $17b AT1-CoCo bonds got wiped , no mention of the remaining $65b Senior bonds.
So messed up that after 08 GFC they came up with such high-yield junk bonds with its sole purpose meant to get wiped for bail-in, whilst calling it - Additional Tier 1 Contingent Convertible bonds, that's still worth $275b in the market globally.
Who's even buying/holding them? Must be some Super / pensions fund... lol , after they got repackaged with AAA stamps maybe.
